10 Revenue Cycle Tips from Healthcare Experts in 2016

crystalIt’s the season for year-end lists – – this time, a look at revenue cycle tips for 2016 from ten healthcare experts via Becker’s Hospital Review.

A few key takeaways include:

  • Don’t lose revenue due to the shift in ACA price points.
  • Analytics, analytics, analytics are needed to drive an optimized collection!  And don’t forget…analyze your denials and your entire RCM process! This will help us all work smarter!
  • Will outsourced billing see a spike in 2017?
  • Embed effective documentation processes into your patient admission processes.

OrboGraph believes analytics in denied claims is one of the most underutilized areas in the market today. It’s a good example of how an organization can prioritize work and uncover trends which are not easily visible in day-to-day processes. The results: reduce staffing and drive up collection!

 

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